Australian racing

The sport of kings.
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Derek27
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Here's a simple spreadsheet I use to keep track of my potential turnover charge if I exceed 24 races. Although it never happens it's worth knowing what your charge would be and how much you're costing Betfair (1-3% of back stake).
Turnover Charge.xlsx
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Bog
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Derek27 wrote:
Sun Aug 12, 2018 5:12 pm

The percentage will vary depending on how much profit you make. There's bound to come a time when you break even or make a loss and get a massive turnover charge bill for the pleasure of trading!
Yes Derek, you are right, the percentage will depend if I will continue to have positive results ....so I will keep tracking of back stakes from now on. Thanx for the spreadsheet :)
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Derek27
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Just Pakenham Park tonight, outside NSW. At least I've got a live feed for it.
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Bog
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Derek27 wrote:
Mon Aug 13, 2018 4:00 am
Just Pakenham Park tonight, outside NSW. At least I've got a live feed for it.
Do you trade only races with live feed?
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Derek27
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I wouldn't trade US races without a live feed because I wouldn't have a clue when it's due off. Australia's no problem because they're always off on time.
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Cards37
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Location: Canberra, Australia

I know this isn't strictly Aussie racing but two of our major bookies are merging tonight ...William Hill and Crownbet. Combining to form BetEasy (hate the name).
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Bog
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Hi guys! Does anybody knows if NSW trots markets are included for turnover charge?

I just payed 33 $ - turnover charge for last week. I made 130 $ profit on ~60 NSW markets, from which 18$ on trots markets .
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Derek27
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Bog wrote:
Fri Aug 17, 2018 5:35 pm
Hi guys! Does anybody knows if NSW trots markets are included for turnover charge?

I just payed 33 $ - turnover charge for last week. I made 130 $ profit on ~60 NSW markets, from which 18$ on trots markets .
You can find out by looking at the rules on the Betfair site for a market. It always says if it's a turnover charge market and whether cross-matching.
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Derek27
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Didn't sleep last night so I was still thinking it's Thursday up until an hour ago.

Randwick, Caulfield, Ipswich, what more could one ask for? :D
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Euler
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Location: Bet Angel HQ

I'll be interested to see how the Group racing at Caulfield trades.
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PDC
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Euler wrote:
Fri Aug 17, 2018 6:36 pm
I'll be interested to see how the Group racing at Caulfield trades.
Will you be doing the whole session tonight?

Why are you interested in Caulfield in particular? Are you expecting it to trade in a certain way or a change from in the past or something else?

Randwick I would have thought is the main meeting tonight, especially with the Group 1 Winx stakes
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Bog
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Derek27 wrote:
Fri Aug 17, 2018 6:31 pm

You can find out by looking at the rules on the Betfair site for a market. It always says if it's a turnover charge market and whether cross-matching.
Thanx Derek! I have looked and it doesn't says on trots races that their is an turnover charge...
Good luck tomorrow morning if you are trading aussie markets :D
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Derek27
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PDC wrote:
Fri Aug 17, 2018 6:43 pm
Euler wrote:
Fri Aug 17, 2018 6:36 pm
I'll be interested to see how the Group racing at Caulfield trades.
Will you be doing the whole session tonight?

Why are you interested in Caulfield in particular? Are you expecting it to trade in a certain way or a change from in the past or something else?

Randwick I would have thought is the main meeting tonight, especially with the Group 1 Winx stakes
I can't imagine what sort of turnover charge Peter would rack up if he traded at Randwick!
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Naffman
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Bog wrote:
Fri Aug 17, 2018 6:55 pm
Derek27 wrote:
Fri Aug 17, 2018 6:31 pm

You can find out by looking at the rules on the Betfair site for a market. It always says if it's a turnover charge market and whether cross-matching.
Thanx Derek! I have looked and it doesn't says on trots races that their is an turnover charge...
Good luck tomorrow morning if you are trading aussie markets :D
There is a turnover charge on the nsw trots, only the greys in nsw is exempt
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gazuty
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Location: Green land :)

Sure once Winx retires, it makes sense to get Frankel out here to roger her and Black Caviar?
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